Spotify: Musicians get so much money per stream
Related Videos: How much Spotify paid me for 1 million streams (May 2024).
Listening to music can be so easy with Spotify because we know that musicians get their money earned for every stream. But is the remuneration really so good that even lesser-known bands can make a living from it? We'll tell you in this post.
Spotify - the money musicians get per stream
Every song played by Spotify is paid to the musicians in different sums of money per stream. These even differ according to the country in which the user listens to Spotify. So-called license fees for copyright are much lower than you probably thought.
- In 2018, musicians in the U.S. could earn up to $ 3.97 per 1, 000 streams.
- In 2013, a popular band publicly announced their Spotify payouts for sales of around one million streams over the course of the year. For this past period, they received a modest $ 4, 955.90, which is about $ 0.004891 per stream.
- For smaller bands that don't get several million streams for their songs, Spotify's remuneration is not enough to live on. There is nothing more than a little extra income here.
Spotify and other music platforms
Spotify is known as the music platform with the most subscribers. When it comes to license fees for musicians, Spotify is by no means in first place. Here are some of the other platforms and the money they pay to their musicians:
- Napster - one of the first online music platforms, is one of the best providers in the industry. With its impressive payment of $ 16.82 for 1000 streams, the company paid royalties for its artists with 70% of the subscription profits.
- Apple Music - Apple product users quickly become paid subscribers. This makes the actors' profits of $ 7.83 for 1, 000 streams possible.
- Amazon - the online shop giant also offers its musicians good conditions starting at $ 7.40 per 1000 streams. Thanks to Amazon Prime’s 30 million subscribers, the platform has yet to expand its listening streaming experience.
In our next article, you can read more about the possibilities of music streaming from Spotify.